From TransCanada Keystone Pipeline GP Ltd.,
Canadian application to build the Keystone
Section 3: Supply and Markets
3.4.3 Crude Pricing Impact
Existing markets for Canadian heavy crude, principally PADD II [U.S. Midwest], are currently oversupplied, resulting in price discounting for Canadian heavy crude oil. Access to the USGC [U.S. Gulf Coast] via the Keystone XL Pipeline is expected to strengthen Canadian crude oil pricing in PADD II by removing this oversupply. This is expected to increase the price of heavy crude to the equivalent cost of imported crude. Similarly, if a surplus of light synthetic crude develops in PADD II, the Keystone XL Pipeline would provide an alternate market and therefore help to mitigate a price discount. The resultant increase in the price of heavy crude is estimated to provide an increase in annual revenue to the Canadian producing industry in 2013 of US $2 billion to US $3.9 billion.
Below is a list of events compiled by Bold Nebraska, which is sponsoring two. Go to Bold Nebraska's web site to access a flyer on pipeline and gas prices, and another flyer